A welfare criterion with endogenous welfare weights for belief disagreement models
Year of publication: |
2021
|
---|---|
Authors: | Kim, Jeong-ho ; Kim, Byung-Cheol |
Published in: |
Journal of economic behavior & organization : JEBO. - Amsterdam [u.a.] : Elsevier, ISSN 0167-2681, ZDB-ID 864321-0. - Vol. 191.2021, p. 312-333
|
Subject: | Welfare criterion | Heterogeneous beliefs | Spurious unanimity | Risk sharing | Pareto optimality | Financial regulation | Theorie | Theory | Wohlfahrtsökonomik | Welfare economics | Pareto-Optimum | Pareto efficiency | Wohlfahrtsanalyse | Welfare analysis | Soziale Wohlfahrtsfunktion | Social welfare function |
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